Scary if true. I've thought about this quite a bit since reading "The Bitcoin Standard".

The countries who are first to adopt Bitcoin as their reserve currency or at least partially back their currencies with BTC are likely to be the most wealthy countries in 10-20 years. It could really shift the balance of power without a shot being fired.

Are you guys 10 years old? One of the biggest scams in a government's toolshed is seigniorage fee. They want to issue you a piece of paper that costs them 3 cents to make while having a $1 face value. They pocket the other 97 cents. In other words, if/when the Jew banks (that's who your country is run by) do anything with craptocurrency, it's NOT going to be buying bitcoins - because they get no seigniorage fee - it will be them trying to force their own govt coin on you.

This is why the evil Jewish overlords like Bernanke and Larry summers are praising digital shitcoins and shilling against physical metals. They want to bait and switch you into a digital, govt tracking system coin they 'print' with maximum seigniorage fee to rip you off. They can also squeek some seigniorage fee out of metals as money, just not as much as fiat paper or completely imaginary, worthless, digital tokens. But all these non-fungible, tracking system digital tokens will be a dystopia like the Chinese social credit score system, so you need to be a complete dumbass to agree to use them over physical metals.

^ Just so you can finally shut up repeating the same old argument over and over. Yes, we are going to a cashless society. That is probably already irreversible, it's just a matter of time.No, I don't think states are supporting Bitcoin for that nor they really need to but if that were the case it would go to the moon first.

Now just fucking stop FFS.

What do you mean we are going to a cashless society?

The only time I have used cash in the past 12 months was when I was defeated by a parking machine in a UK seaside town which would not let me out without a pound coin. I had to go to an ATM and then to a pub to buy a beer so I could get a coin. Fucking savages in the UK.

Well that's exactly what I mean. I still profusely use cash because of reasons. Most people don't because of convenience. But we are going onto a path where soon will come the day that we won't be able to use cash (for the most part) even if WE WANTED TO.

Most euro countries you can not even buy a high end TV set using cash. It's forbidden by law. They will keep decreasing the max limits over time.

Why?

Because cash is way harder to control than banking fiat or even Bitcoin.

I only use cash for herbs or while in Japan. Too lazy to pass by an ATM otherwise.

What's the deal with those max limits though? And how recent is that? I bought a high-end TV some 10 years ago with cash and didn't have an issue with that. Granted that was pay cash on delivery, but still.

I don't speak Russian but from what I got with Google Translator, Russians have changed $100 Billions into Yuans, Yens and Euros. There was no plan of changing them into BTC (or is this about another $100 Billions ?)

Testing resistance at the 0.5 fib with a couple of throw backs. The MACD is pinching over while the RSI stoch is twisted. This is telling me that locally we are near the top of our range for now. I would expect some consolidation over the next couple of cycles.1h

We have been traveling down a channel between the 0.618 and 0.5 fib for awhile now. I think we will test support soon as clouds loom closer ahead. Breaking this resistance would indeed be bullish.4h

Large wedge in sight. Looks to be mostly sideways until the 20th or resistance is broken. #dyorD#stronghands'19

Potentially to camouflage their FX tradings so as to not attract attention to a potential market inefficiency that can be abused with Bitcoin. Not saying it exists or that's what's going on, but there are various reasons not to just say "blockchain" when in reality you mean Bitcoin or some other crypto.

I don't speak Russian but from what I got with Google Translator, Russians have changed $100 Billions into Yuans, Yens and Euros. There was no plan of changing them into BTC (or is this about another $100 Billions ?)